NYSE:BACBanks
Bank Of America (BAC) Valuation Check As It Commits US$25 Billion To Private Credit Expansion
Bank of America (BAC) is committing US$25 billion of its own capital to private credit deals, expanding its direct lending activity and appointing Anand Melvani to lead the effort within its global capital markets division.
See our latest analysis for Bank of America.
Recent moves like the US$25 billion private credit push sit alongside a steady stream of bond issuances and partnerships. The 1 year total shareholder return of 21.15% contrasts with a weaker year to date share price return of a...